3.15.2009

Your tax dollars at work

... paying more than $400 million in bonuses to the guys who blew up AIG.
Insurance giant American International Group will award hundreds of millions of dollars in employee bonuses and retention pay despite a confrontation Wednesday between the chief executive and Treasury Secretary Timothy F. Geithner.

Timmy the Tax Cheat is so ineffective that he can't even stop multi-million-dollar bonuses to failed executives of a bankrupt company that is only in existence due to serial multi-billion-dollar cash injections from the taxpayers.

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